ECB’s Lagarde Warns Against Withdrawing Fiscal Stimulus Too Soon

European Central Bank President Christine Lagarde said governments risk delaying the rebound from the coronavirus slump if they end support prematurely.

The eventual withdrawal of fiscal aid such as furlough programs for workers is a source of uncertainty and it must be carefully aligned with a pickup in activity, Lagarde said in an interview with GZERO Media, a subsidiary of the Eurasia Group political risk consultancy.